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Discontinued — last reported Q4 '24

Business Segments · Research and Development Expense

Australia — Research and Development Expense

Flutter Entertainment Australia — Research and Development Expense remained flat by 0.0% to $8.5M in Q4 2024 compared to the prior quarter. Year-over-year, this metric grew by 6.3%, from $8M to $8.5M. Over 2 years (FY 2022 to FY 2024), Australia — Research and Development Expense shows an upward trend with a 10.2% CAGR.

Analysis

StatementSegment
CategoryGrowth
SignalContext dependent
VolatilityStable
First reportedQ1 2022
Last reportedQ4 2024Mar 4, 2025
Rolls up toR&D

How to read this metric

Higher spending may signal a focus on innovation and long-term growth, while lower spending could indicate a shift toward cost optimization.

Detailed definition

These are the costs associated with developing, maintaining, and improving the technology platforms and software used fo...

Peer comparison

Comparable to R&D or Product Development expenses in technology-driven gaming companies.

Metric ID: flut_segment_australia_research_and_development_expense

Historical Data

3 years
 FY'22FY'23FY'24
Value$28M$32M$34M
YoY Change+14.3%+6.3%
Range$28M$34M
CAGR+10.2%
Avg YoY Growth+10.3%
Median YoY Growth+10.3%
Current Streak2+ years growth

Frequently Asked Questions

What is Flutter Entertainment's australia — research and development expense?
Flutter Entertainment (FLUT) reported australia — research and development expense of $8.5M in Q4 2024.
How has Flutter Entertainment's australia — research and development expense changed year-over-year?
Flutter Entertainment's australia — research and development expense increased by 6.3% year-over-year, from $8M to $8.5M.
What is the long-term trend for Flutter Entertainment's australia — research and development expense?
Over 2 years (2022 to 2024), Flutter Entertainment's australia — research and development expense has grown at a 10.2% compound annual growth rate (CAGR), from $28M to $34M.
What does australia — research and development expense mean?
Spending on technology and product development for the Australia segment.